Accounting standards

Going concern opinions have slowly decreased over the last two decades, with the exception of spikes during the 2008 financial crisis and the years of the COVID-19 pandemic.

The RSM network made five strategic acquisitions in Europe, including specialist audit and consulting firms in Austria, Denmark and France, plus a prestigious law firm in Spain.

To achieve greater agility, accuracy and the foresight needed to adjust and adapt, businesses must shed the constraints of the financial close and embrace continuous accounting.

The bookkeeping solutions provider debuted its Generative Accounting Retrieval sYstem, GARY.

AuditBoard has released an out-of-the-box assessment tool feature for internal auditors to assess conformance with new IIA global standards.

CliftonLarsonAllen CEO Jen Leary has been focusing on expanding the firm's appeal, especially to young accountants, as CLA grows its international network.

The Financial Accounting Standards Board released a new chapter of its Conceptual Framework on the measurement of items recognized in financial statements, while also drawing that project to a close.

The International Auditing and Assurance Standards Board issued new advice for auditing smaller companies.

The lease accounting solutions provider is the company's third acquisition this year.